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Hospitality Jobs Outperform Dow Jones Estimate.

reports and charts jobs

Hospitality Jobs Drive Private Payrolls to Outperform Dow Jones Estimate Despite Recent FED Actions.

Private payrolls rose by 235,000 for the month, well ahead of the 153,000 Dow Jones estimate and the 127,000 initially reported for November. Service providers added 213,000, led by leisure and hospitality, which added 123,000 positions. The big jobs surprise comes despite the Federal Reserve’s attempts to slow a sizzling jobs market that has pushed inflation to near its highest level in more than 40 years.

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